World Health Organization Obtains $1 Billion Funding for Upcoming Years

The World Health Organization secured $1 billion in pledges during a fundraising event in Berlin, marking a significant initiative to reform its funding model and enhance its ability to address global health emergencies.

Pledge Breakdown

  • New Contributions: $700 million in new pledges from European nations and philanthropies.
  • Previous Commitments: $300 million from earlier commitments by the European Union and African Union.

Importance of Sustainable Financing

  • German Chancellor Olaf Scholz emphasized the need for sustainable financing, which allows WHO to plan effectively and respond flexibly to health crises.
  • He highlighted that the funds would help improve the health of women, men, and especially children globally.

Financial Uncertainty 

  • WHO has faced long-standing financial uncertainty, which has hindered its operations and ability to deliver long-term support to countries.

Future Goals 

  • WHO aims to raise an additional $6.4 billion by next May to meet its total budget goal of $7.4 billion for the General Programme of Work 14 (GPW-14), which addresses global health needs from 2025 to 2028.

Investment Rounds Format

  • The fundraising format encourages competition among nations to increase their financial contributions.
  • Major European countries, including Spain, the UK, and France, have yet to announce their pledges.
  • Additionally, 16 African governments have already committed funding to the organization’s investment round. France, Spain, the UK, and the Bill & Melinda Gates Foundation are expected to pledge or continue their contributions to WHO in the coming months.

Current Funding Landscape

  • In 2022-23, WHO’s budget was only $6.7 billion, about 33 cents per person globally.
  • 88% of WHO’s funding came from voluntary contributions, with a significant portion controlled by a small number of donors.

Small Nations and Philanthropies Step Up

  • Smaller countries and emerging economies also participated in the funding drive, with Montenegro making its first-ever donation.
  • Philanthropies, including the Wellcome Trust and Sanofi Foundation, pledged significant contributions.

Call for Flexible Funding

  • WHO seeks more flexible funding to address urgent global health priorities independently.
  • Investments in WHO are viewed as crucial for not only health but also for fostering equitable and stable societies.
Summary/Static Details
Why in the news? WHO secured $1 billion in pledges, aiming to reform its funding model for enhanced responsiveness to global health emergencies.
Pledge Breakdown – $700 million: New contributions from European countries and philanthropies

– $300 million: From prior commitments by EU and AU

Current Funding WHO’s 2022-23 budget was $6.7 billion; 88% of it from voluntary contributions largely controlled by a few major donors.

Shivam

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